Tag Archives: Mitel

Mitel Appoints Jeremy Butt as SVP of EMEA

Mitel®, a global leader in business communications, announced the appointment of Jeremy Butt to oversee the company’s operations in the EMEA region. Mitel, which already holds the #1 market share position in Europe, looks to accelerate further across the region as customers of all sizes are increasingly turning to cloud technologies to provide a path to the future. Continue reading Mitel Appoints Jeremy Butt as SVP of EMEA

Mitel Completes Acquisition of ShoreTel

Mitel® announced the completion of its acquisition of ShoreTel. With this addition, Mitel has accelerated its move-to-the-cloud strategy, shifting into the #2 market share position for UCaaS (Unified Communications as a Service) globally* as customers worldwide look for cloud and cloud-capable solutions to digitally transform their businesses. Continue reading Mitel Completes Acquisition of ShoreTel

Mitel announces definitive agreement to acquire ShoreTel

Mitel (Nasdaq: MITL) (TSX: MNW) and ShoreTel (Nasdaq:SHOR) today announced that they have entered into a definitive merger agreement pursuant to which Mitel will acquire 100% of the outstanding shares of ShoreTel common stock in an all-cash transaction at a price of $7.50 per share, or a total equity value of approximately $530 million and a total enterprise value of approximately $430 million. The purchase price represents a 28% premium to ShoreTel’s closing share price on July 26, 2017. Continue reading Mitel announces definitive agreement to acquire ShoreTel